27 May 2016, EUR/USD
The pair has probably started correction.
At the moment, it is still in the initial stage of its development, so further price fluctuations are expected in a certain narrow range. Thus, it is better to abstain from trading now and wait for final formation of all impulse patternsm which probably had formed as part of the wave of i. After that, you may try to win back the corrective growth due to formation of the wave ii.
We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us